eBay teamed with embedded finance platform Liberis to offer sellers working capital.Business Cash Advance is designed to provide eligible eBay sellers in the United States up to $1 million in working capital in as little as 24 hours, according to a Wednesday (July 10) press release.“eBay Seller Capital is aimed at fueling our sellers’ growth by providing them with tailored financing solutions that meet the unique needs of their businesses,” Avritti Khandurie Mittal, eBay vice president and general manager o ...

eBay (EBAY) shares have gained 22% on a year-to-date basis, outperforming the Retail-Wholesale sector’s 12.5% growth. The company is benefiting from solid momentum across its robust advertising offerings. Hence, it is making concerted efforts to further expand its advertising products, thereby enhancing the seller experience.The company recently rolled out the updated “eBay Advertising” tool that simplifies advertising, increases listing visibility and supports stronger sales velocity, aiming to help seller ...

New Revenue-Based Financing Product Unlocks Access to Capital for eBay SellersSAN JOSE, Calif., July 10, 2024 /PRNewswire/ -- eBay Inc. (NASDAQ: EBAY), a global commerce leader that connects millions of sellers and buyers, today announced the launch of Business Cash Advance, a new eBay Seller Capital revenue-based financing product provided by Liberis, a leading global embedded finance platform. Aimed at supporting eBay sellers at every business stage, Business Cash Advance offers eligible U.S. eBay sellers ...

"Giving new life to the cherished items from my wardrobe has always been special to me. For decades I've donated my closet's treasures to support the Elton John AIDS Foundation," said Elton John. "This Pride Month, I'm excited to share my Atlanta treasure trove on eBay, hoping these items will inspire you to express your unique spirit and bring you as much joy as they've brought me. Whether you're after high-end luxury or something more laid-back, there's a perfect find for everyone. Even better, every doll ...

There has been cooling inflation in recent months. However, the United States has still been fighting to control inflation rates. The Federal Reserve’s switch to a more hawkish monetary policy has pushed consumers’ costs of living higher.The U.S. Consumer Price Index (core CPI) sent shockwaves through Wall Street in April after coming in at a hotter-than-expected 3.6%, putting earlier hopes of Q1 2024 interest rate cuts on ice.Despite CPI hitting expectations in June 2024, the Fed held interest rates at 5.2 ...

Online marketplace eBay will add Venmo as a payment option in the coming week, saying it aims to expand payment method choice and cater to the preferences of Gen Z and millennial shoppers.This option will be available to U.S. buyers on eBay.com and the eBay app, the company said in a Thursday (June 13) press release.“By integrating Venmo, a platform already embraced by more than 90 million highly engaged users, eBay taps into the modern and mobile-first consumer,” the company said in the release.With Venmo, ...

eBay’s (EBAY) shares have risen 22.8% in the year-to-date period, outperforming the Zacks Internet-Commerce industry’s rally of 12%. The company is gaining from the growing momentum in its e-commerce platform. eBay is constantly making strong efforts to strengthen its marketplace on the heels of generative AI technology.In this regard, the latest rollout of an AI-powered background-enhancement tool powered by the open-source model Stable Diffusion bodes well.The tool is capable of removing the current image ...

E-commerce stock eBay Inc (NASDAQ:EBAY) is up 1.5% before the bell following a bull note from Citi. Following a period of rating suspension, the Wall Street analyst upgraded EBAY to "buy" from "neutral," citing an improved outlook, a return to margin expansion, and earnings upside. In separate news, eBay will reportedly no longer take American Express (AMEX) due to higher-than-usual fees.On the charts, eBay stock is looking to make a run at its two-year highs of $55.15 from May 28. The security recently bou ...

Arguing its fees are too steep, eBay is reportedly dropping American Express (Amex).The online marketplace will stop taking Amex as a payment option beginning Aug. 17, Bloomberg News reported Wednesday (June 5), citing an email eBay plans to send its customers.“After careful consideration, eBay has decided to no longer accept American Express globally effective August 17 due to the unacceptably high fees American Express charges for processing credit card transactions,” the email reads.Bloomberg notes that ...

eBay Inc. (NASDAQ:EBAY) Bernstein 40th Annual Strategic Decisions Conference May 30, 2024 1:30 PM ET Company Participants Stephen Priest - CFO Conference Call Participants Nikhil Devnani - Bernstein Nikhil Devnani All right. Good afternoon, everybody. Thank you so much for being here. My name is Nikhil Devnani. I'm Bernstein's U.S. emerging Internet analyst, covering eBay, and it's my pleasure today to be hosting Steve Priest, CFO of eBay. Steve has been in the role for the past three years, where eBay has ...